A70 INVEST AS: årsregnskap 2008 vs 2007
Returned to profit
approved 2009-10-27; registry 2009-10-29
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A70 INVEST AS. Net result -15.4k NOK → +2 008 NOK. Equity 198.1k NOK → 190.7k NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
15.4k NOK
n/m
—
Operating result
-15.4k NOK
+350 NOK
+102.3%
Net result
-15.4k NOK
+2 008 NOK
+113.1%
Equity
198.1k NOK
190.7k NOK
-3.7%
Cash
6 292 NOK
4 140 NOK
-34.2%
Total assets
216.3k NOK
214.1k NOK
-1.0%
What improved
-
↑
Operating result improved
Operating result -15.4k NOK → +350 NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 15.4k NOK to a profit of 2 008 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 198.1k NOK → 190.7k NOK (equity ratio 91.6% → 89.1%). Calculated
-
↓
Cash fell
Bank deposits 6 292 NOK → 4 140 NOK (-34.2% YoY). Calculated